Justice Department Reaches Settlement with Southport Bank to Resolve Allegations of Mortgage Lending Discrimination
Justice Department Reaches Settlement with Southport Bank to Resolve Allegations of Mortgage Lending Discrimination
The Justice Department announced today that Southport Bank of Kenosha, Wis., will pay $687,000 to African-American and Hispanic wholesale mortgage borrowers as part of a settlement to resolve allegations that it engaged in a pattern or practice of discrimination on the basis of race and national origin.